I/S VARMECENTRALEN LØJTEGÅRDSVEJ — Credit Rating and Financial Key Figures
Credit rating
Company information
About I/S VARMECENTRALEN LØJTEGÅRDSVEJ
I/S VARMECENTRALEN LØJTEGÅRDSVEJ (CVR number: 65761017) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -31.5 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0.1 mDKK), while net earnings were 31.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. I/S VARMECENTRALEN LØJTEGÅRDSVEJ's liquidity measured by quick ratio was 11.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 85.86 | 69.10 | 79.77 | 111.79 | 76.56 |
Gross profit | 85.86 | 69.10 | 138.70 | 111.79 | 76.56 |
EBIT | 157.83 | 143.97 | 117.86 | 111.79 | 76.56 |
Net earnings | 13.20 | -5.78 | 20.84 | 65.16 | 31.95 |
Shareholders equity total | 400.70 | 7.42 | 34.04 | 99.21 | 131.15 |
Balance sheet total (assets) | 461.41 | 945.90 | 363.15 | 838.73 | 2 785.13 |
Net debt | - 105.71 | - 395.54 | - 139.84 | - 508.66 | -2 745.56 |
Profitability | |||||
EBIT-% | 183.8 % | 208.4 % | 147.7 % | 100.0 % | 100.0 % |
ROA | 34.2 % | 20.5 % | 18.0 % | 18.6 % | 4.2 % |
ROE | 3.3 % | -2.8 % | 100.5 % | 97.8 % | 27.7 % |
ROI | 35.5 % | 58.9 % | 299.6 % | 30.9 % | 4.7 % |
Economic value added (EVA) | 157.83 | 129.15 | 138.03 | 117.11 | 97.14 |
Solvency | |||||
Equity ratio | 95.9 % | 0.8 % | 9.4 % | 39.8 % | 35.9 % |
Gearing | |||||
Relative net indebtedness % | -103.0 % | 731.9 % | 237.3 % | -320.8 % | -3280.5 % |
Liquidity | |||||
Quick ratio | 24.7 | 1.0 | 1.0 | 5.4 | 11.7 |
Current ratio | 24.7 | 1.0 | 1.0 | 5.4 | 11.7 |
Cash and cash equivalents | 105.71 | 395.54 | 139.84 | 508.66 | 2 745.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 477.8 % | 15.6 % | -0.6 % | 584.0 % | 3280.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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